Moody’s Revises Up SoftBank Outlook to Stable After Arm IPO
Moody’s Investors Service said it revised up the credit ratings firm’s outlook on SoftBank Group Corp. to stable
2023-11-20 15:15
OpenAI Board Taps Former Twitch CEO Shear to Succeed Altman
OpenAI’s board hired former Twitch chief Emmett Shear as chief executive officer, defying calls from investors to reinstate
2023-11-20 14:23
Goldman Sachs Taps New Leadership for Japan as Mochida Exits
Goldman Sachs Group Inc. tapped new leadership for its Japan business to replace a long-standing investment banker stepping
2023-11-20 13:25
Sam Altman will not return as CEO of OpenAI - The Information
Sam Altman will not return as CEO of OpenAI despite efforts from the company's executives to bring him
2023-11-20 13:15
OpenAI’s Murati Aims to Re-Hire Altman, Brockman After Exits
OpenAI’s interim Chief Executive Officer Mira Murati plans to re-hire her ousted predecessor Sam Altman and former President
2023-11-20 12:57
Elon Musk Defends Himself on X After Antisemitic Furor Deepens
Elon Musk railed against “bogus” media reports accusing him of antisemitism, issuing his strongest response yet after endorsing
2023-11-20 12:17
Cruise CEO Vogt Resigns After California License Suspended
Kyle Vogt resigned as chief executive of General Motors Co.’s autonomous driving unit, Cruise LLC, following the loss
2023-11-20 11:48
Argentina Investors Cheer Milei Victory, Brace for Peso Selloff
Argentina investors cheered libertarian economist Javier Milei’s bigger-than-expected win in Sunday’s presidential vote and his pledges to usher
2023-11-20 10:56
Alibaba Shock Move Casts Fresh Pall Over China Tech
The shocking decision by Alibaba Group Holding Ltd. to cancel the spinoff of its cloud division is offering
2023-11-20 10:17
Young Britons turning to AI chatbots for help with school and work – survey
More than half of young people in the UK have used an AI chatbot such as ChatGPT in the last year to help them with schoolwork, emails or their job, research suggests. Nominet’s latest annual Digital Youth Index, which examines young people’s online habits and attitudes, suggests that while most young people (94%) feel safe online, 76% said they had been exposed to an upsetting experience. That is a 7% rise on last year, with young people reporting an increase in exposure to fake news and hate speech, both up 4%, as well as sexual content, up by 6%. The study, conducted by Opinium, surveyed 4,000 people aged between eight and 25 in the UK. While society at large grapples with artificial intelligence at all levels, it’s encouraging to see young people embracing technology so quickly and using it in their daily lives Paul Fletcher, Nominet The young people surveyed claimed to spend an average of between four and five hours a day online – mostly on social media, chatting with friends or accessing entertainment. Most (95%) of those asked said they were on at least one social network, including children who are under the age limit for some of those services. According to the study, X, formerly known as Twitter, was identified as the platform where the most respondents (77%) had seen distressing content. On AI, the study showed that 53% of those asked said they had used an AI chatbot and were curious about how they could use them in their lives, while 54% said they were concerned about the impact AI could have on jobs in the future. Nominet chief executive, Paul Fletcher, said: “While society at large grapples with artificial intelligence at all levels, it’s encouraging to see young people embracing technology so quickly and using it in their daily lives. “We must continue to encourage this inquisitive nature from the next generation – and despite their adoption of AI, many still have concerns about the potential impact on their future. “When it comes to online safety, it looks like young Brits are growing in confidence, but the rise in exposure to upsetting content highlights that tackling online harm remains important to young people.” The study also indicated that 14% of young people lack access to a laptop or desktop computer, while 15% did not have broadband access at home. Meanwhile, 11% said they had to change or cancel their internet package this year as a direct result of the cost-of-living crisis. “Our data shows us the reality that despite young people’s lives and their education system going online, a concerning 14% of two million of them still don’t have access to a laptop or desktop computer, and this has the potential to significantly disadvantage those that would benefit the most,” Mr Fletcher said. Read More Businesses embracing generative AI but fear cyberattacks, survey finds Police to trial use of drones as first responders to emergencies Apple to adopt system to improve texting between iPhones and Android devices ICO seeks permission to appeal against Clearview AI tribunal ruling Users of iPhones can now check bank balance from Wallet app VR tool aims to help rail passengers spot and safely tackle sexual harassment
2023-11-20 08:26
Businesses embracing generative AI but fear cyberattacks, survey finds
Three-fifths of businesses view generative artificial intelligence (AI) as a good opportunity but many fear they are exposed to cyberattacks, research has revealed. Businesses will “not progress” if they do not take risks, as the race to adopt new and emerging technologies heats up, according to accounting giant PwC. Around 37% of firms believe they are highly or extremely exposed to cyber risks, PwC’s survey of more than 3,900 firms around the world found. More leaders who are responsible for managing a firm’s risk said they thought cyber-related threats were a bigger concern than inflation. About a quarter felt that their organisation was very exposed to geopolitical conflict, amid the escalation of conflict in the Middle East. The survey highlights that if organisations don’t take risks, they will not progress Sam Samaratunga, PwC UK's global head of risk services But the survey, which had more than a quarter of responses from companies worth more than five billion US dollars (£4 billion), found that worries over cyberattacks or tech mistakes were not putting firms off transformation. About 60% said they think generative AI is an opportunity for their business rather than a concern. Generative AI, which refers to complex models which can create something completely new based on a vast set of data, has been cutting through into the mainstream with chatbots like ChatGPT. Earlier this month, British bank NatWest revealed it was launching an upgraded chatbot which is powered by the technology to have human-like conversations with customers. Sam Samaratunga, global and UK head of risk services for PwC UK, said: “In a world that is persistently in a state of flux, it is clear that organisations need to transform, with new and emerging technologies playing a critical role in that transformation. “So it is no surprise that cyber and digital risks are top-of-mind in 2023, with those leaders responsible for managing risk ranking cyber higher than inflation. “However, the survey highlights that if organisations don’t take risks, they will not progress.” Read More Young Britons turning to AI chatbots for help with school and work – survey Police to trial use of drones as first responders to emergencies Apple to adopt system to improve texting between iPhones and Android devices ICO seeks permission to appeal against Clearview AI tribunal ruling Users of iPhones can now check bank balance from Wallet app VR tool aims to help rail passengers spot and safely tackle sexual harassment
2023-11-20 08:24
Optus CEO Quits After Crippling Nationwide Phone Outage
Optus Chief Executive Officer Kelly Bayer Rosmarin resigned less than two weeks after the Australian telecommunications company suffered
2023-11-20 08:23